Premier data center solutions provider enters a new market to serve growing demand
Tonaquint Data Centers, a portfolio company of DIF Capital Partners, recently announced its acquisition of EdgeX Data Centers. The transaction expands Tonaquint’s national platform of colocation, infrastructure as a service (IaaS), backup as a service (BaaS), disaster recovery as a service (DRaaS) and network as a service (NaaS) solutions into the Oklahoma City metropolitan area. The new market is in addition to established centers in St. George, Utah and Boise, Idaho.
Strategically located near Will Rogers World Airport, EdgeX operated a state-of-the-art, purpose-built Tier III data center, with an expected uptime of approximately 99.9%. The 65,000-square-foot facility includes two 10,000-square-foot data halls equipped for high-density computing on a highly secure 4-acre campus. Built to withstand tornado-force winds up to 310 mph, this facility delivers 100% uptime capabilities to meet the mission-critical needs of today’s enterprises. The acquisition of EdgeX and its facility enables Tonaquint to broaden its customer base and extend its robust portfolio of customizable data center solutions into a new fast-growing market.
Tonaquint plans initial deployments of at least 2.5 MW of critical IT load at EdgeX, with the ability to further build out the site to support up to 12 MW as demand grows.
“This acquisition is a great step towards further building out the Tonaquint platform and expanding into underserved markets. Data centers form an important part of DIF’s investment strategy. We believe the investment offers substantial opportunities for value enhancement in the coming years, combined with reliable cash flows from high-quality contracts,” said Willem Jansonius, Partner at DIF and Tonaquint board member.
The EdgeX acquisition builds on DIF’s experience in data infrastructure, cloud services and communications investments globally. As part of the transaction, Terry Morrison, Co-Founder and CTO of EdgeX, will join Tonaquint as COO and CTO. It also signals meaningful confidence in the long-term growth potential of Tonaquint under DIF’s ownership, as Tonaquint was acquired by DIF Capital Partners in January 2023.
Tonaquint focuses on high-growth smaller markets, which are not as well serviced by other major data center operators. It serves a well-diversified and growing client base in the technology, healthcare, financial services and industrial sectors.
The Oklahoma City facility will support Tonaquint’s core solution offerings, including:
Colocation: Tonaquint colocation enables clients to deploy and manage existing infrastructure in Tonaquint’s best-in-class data center facilities while eliminating the hassle and cost of running their own data center. Equipment is safe with Tier III redundancy and top-of-the-line security.
Infrastructure as a Service (IaaS): Tonaquint offers flexible cloud computing and instant access to servers, storage and more. IaaS bypasses lengthy traditional source acquisition without requiring extended procurement and provides only virtualized elements. IaaS determines the capacity and spending necessary for a client’s infrastructure needs
Backup as a Service (BaaS): Tonaquint’s BaaS cloud-based solution provides businesses with a reliable and cost-effective way to protect their data and manage backup infrastructure. The Tonaquint team is available to set up a backup schedule to monitor the integrity of customers’ data regularly.
Disaster Recovery as a Service (DRaaS): Built on Tonaquint’s cloud platform with direct integration into Zerto’s industry-leading replication software, Tonaquint DRaaS offers increased flexibility, customized runbook functionality, optimized Recovery Point Objectives (RPOs), and near-zero Recovery Time Objectives (RTOs) so you have more control over your disaster recovery plan and faster failover with automated failover and failback.
Network as a Service (NaaS): The Tonaquint onramp is the physical and virtual connection between Tonaquint’s data centers and multiple cloud providers. It enables customers to connect their on-premises IT infrastructure to any public cloud-based applications and services.
Read more about Tonaquint’s acquisition of EdgeX at www.tonaquint.com.